The Department recognised that rebalancing was an important issue, given the ratio of electricity to gas prices was “high compared to many comparative countries” as a “lot of the policy [ … ] and network costs in this country are placed on electricity rather than on gas”.61 But it has delayed addressing this issue for three years.62 The Department told us that it is important to address this issue in a way which is affordable and fair.63 This is because some households cannot avoid using gas ...

The Department recognised that rebalancing was an important issue, given the ratio of electricity to gas prices was “high compared to many comparative countries” as a “lot of the policy [ … ] and network costs in this country are placed on electricity rather than on gas”.61 But it has delayed addressing this issue for three years.62 The Department told us that it is important to address this issue in a way which is affordable and fair.63 This is because some households cannot avoid using gas and might see their bills increase if levies were moved from electricity to gas bills.64 The Department provided assurances that it was taking this issue Type: conclusion | Number: 22 | Response status: not_addressed Government response: 5.1 The government agrees with the Committee’s recommendation. Target implementation date: July 2025 5.2 The UK has a particularly high ratio of residential electricity price to gas price compared to many countries in Europe. The UK’s electricity price does not r